Taxpayer loses case to deduct costs and losses while renting to parents
If you own a rental property , you likely bought it because of the monthly rental income the unit would provide, with the hope of ultimately being able to sell it for a profit in the future. Indeed, some landlords are okay with ongoing rental losses (as long as they are not too large) because […]
Taxpayer loses case to deduct costs and losses while renting to parents Read More »